Prices, Property and Markets in Water Allocation

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Publisher :
ISBN 13 :
Total Pages : 88 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Prices, Property and Markets in Water Allocation by : Terence R. Lee

Download or read book Prices, Property and Markets in Water Allocation written by Terence R. Lee and published by . This book was released on 1998 with total page 88 pages. Available in PDF, EPUB and Kindle. Book excerpt: The paper examines the means to incorporate the use of market signals through prices into water resources management with the objective of improving efficiency in the allocation of water. It reviews a vast body of recent literature on tradable resource use rights as well as actual experiences with implementing tradable water rights programmes both in Latin America and in the rest of the world

Markets for Water

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Publisher : Springer Science & Business Media
ISBN 13 : 0585320888
Total Pages : 306 pages
Book Rating : 4.5/5 (853 download)

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Book Synopsis Markets for Water by : K. William Easter

Download or read book Markets for Water written by K. William Easter and published by Springer Science & Business Media. This book was released on 2007-08-20 with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt: Markets for Water: Potential and Performance dispels many of the myths surrounding water markets and gives readers a comprehensive picture of the way that markets have developed in different parts of the world. It is possible, for example, for a water market to fail, and for the transaction costs in water markets to be excessive. Too often water trading is banned because the water resources have been developed with public funds and the water agencies do not want to lose control over water. There is also a concern that poor farmers or households will be disadvantaged by water trading. These concerns about public resources and the poor are not very different from those that have been voiced in the past about land sales. The problem is that in many cases the poor already have limited access to resources, but this limit is not due to water trading. In fact, water trading is likely to expand the access to water for many small-scale farmers. Markets for Water: Potential and Performance provides an analytical framework for water market establishment. It develops the necessary conditions for water markets and illustrates how they can improve both water management and economic efficiency. Finally, the book gives readers an up-to-date picture of what we have learned about water markets in a wide range of countries, from the US to Chile and India.

Tapping Water Markets

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Publisher : Routledge
ISBN 13 : 1617260991
Total Pages : 218 pages
Book Rating : 4.6/5 (172 download)

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Book Synopsis Tapping Water Markets by : Terry Lee Anderson

Download or read book Tapping Water Markets written by Terry Lee Anderson and published by Routledge. This book was released on 2012 with total page 218 pages. Available in PDF, EPUB and Kindle. Book excerpt: Tapping Water Markets is about the past, present, and future of water markets. It compares water markets with political water allocation, documents the growth of water markets, and explores the ways in which water markets can be improved and implemented further. This book provides up-to-date information of where and why water shortages are occurring and where and why water markets are evolving to resolve conflicting water uses. Though the main focus is on the United States, it includes examples from other parts of the world to show how water markets are beginning to thrive. It contains institutional detail that is accessible to people who are not economic or hydrologic experts, and comes alive with numerous examples and case studies of water markets. The book begins with an analysis of water institutions as they have varied over time and location. It then covers a range of discrete water management topics including surface water allocation, groundwater management, environmental flows, and water quality trading. The book concludes with predictions about the future of water scarcity and the ability of water markets to shape that future more positively.

Property Rights, Efficiency, and Transaction Costs

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Publisher :
ISBN 13 :
Total Pages : 92 pages
Book Rating : 4.:/5 (268 download)

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Book Synopsis Property Rights, Efficiency, and Transaction Costs by : Timothy Devon Findley

Download or read book Property Rights, Efficiency, and Transaction Costs written by Timothy Devon Findley and published by . This book was released on 2003 with total page 92 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Water Allocation in Rivers under Pressure

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Publisher : Edward Elgar Publishing
ISBN 13 : 1781003866
Total Pages : 255 pages
Book Rating : 4.7/5 (81 download)

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Book Synopsis Water Allocation in Rivers under Pressure by : Dustin Evan Garrick

Download or read book Water Allocation in Rivers under Pressure written by Dustin Evan Garrick and published by Edward Elgar Publishing. This book was released on 2015-07-31 with total page 255 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book compares water allocation policy in three rivers under pressure from demand, droughts and a changing climate: the Colorado, Columbia and MurrayÐDarling. Each river has undergone multiple decades of policy reform at the intersection of water m

The Evolution of Markets for Water

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Publisher : Edward Elgar Publishing
ISBN 13 : 1845426681
Total Pages : 202 pages
Book Rating : 4.8/5 (454 download)

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Book Synopsis The Evolution of Markets for Water by : Jeff Bennett

Download or read book The Evolution of Markets for Water written by Jeff Bennett and published by Edward Elgar Publishing. This book was released on 2005-01-01 with total page 202 pages. Available in PDF, EPUB and Kindle. Book excerpt: How policymakers are striving to move away from government regulation and achieve a balance between a property rights and a market based approach to the allocation of water resources.

Tradable water rights : a property rights approach to resolving water shortages and promoting investment

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Publisher : World Bank Publications
ISBN 13 :
Total Pages : 32 pages
Book Rating : 4./5 ( download)

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Book Synopsis Tradable water rights : a property rights approach to resolving water shortages and promoting investment by : Paul Holden

Download or read book Tradable water rights : a property rights approach to resolving water shortages and promoting investment written by Paul Holden and published by World Bank Publications. This book was released on 1996 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Water Markets for the 21st Century

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Publisher : Springer
ISBN 13 : 9401790817
Total Pages : 354 pages
Book Rating : 4.4/5 (17 download)

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Book Synopsis Water Markets for the 21st Century by : K. William Easter

Download or read book Water Markets for the 21st Century written by K. William Easter and published by Springer. This book was released on 2014-07-30 with total page 354 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book evaluates the history, the present and the future of water markets on 5 continents, beginning with the institutional underpinnings of water markets and factors influencing transaction costs. The book examines markets in seven countries and three different U.S. states, ranging from village-level water markets in Oman to basin wide formal water markets in Australia's Murray-Darling River basin. Introductory chapters on the background of water markets and on transaction costs and policy design are followed by chapter length discussion of water markets as an adaptive response to climate change and of supply reliability in a changing climate. Case studies describe a variety of facets of the design and function of markets around the world: California, Chile, Spain, Oman, Australia, Canada, India and China. In analyzing these real-world examples of markets, the contributors explore water rights and trading of rights between agricultural and urban sectors and the principles and function of option markets. They discuss different sized approaches, from large scale, ministry-level administration of markets to informal arrangements among farmers in the same village, or groups of villages which allocate water without large investment in management and infrastructure. Discussion includes questions of why water market practices have not expanded more rapidly in arid places. The book discusses mechanisms for resolving conflicts between water rights holders as well as between water right holders and third parties impacted by water trades and whether or not public ownership of water rights or use rights should trump private ownership and under what condition. Also covered are new and expanding categories of water use, beyond human consumption, agriculture and industry to new technologies ranging from extracting natural gas from shale to producing biofuels. The book concludes with suggestions for future water markets and offers a realistic picture of how they might change water use and distribution practices going forward.

Water Markets

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Publisher : Cato Institute
ISBN 13 : 9781882577439
Total Pages : 252 pages
Book Rating : 4.5/5 (774 download)

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Book Synopsis Water Markets by : Terry Lee Anderson

Download or read book Water Markets written by Terry Lee Anderson and published by Cato Institute. This book was released on 1997 with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt: Presents examples of how water markets are working in the United States and abroad and examines the development of water law.

Smart Markets for Water Resources

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Publisher : Springer
ISBN 13 : 331955008X
Total Pages : 333 pages
Book Rating : 4.3/5 (195 download)

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Book Synopsis Smart Markets for Water Resources by : John F. Raffensperger

Download or read book Smart Markets for Water Resources written by John F. Raffensperger and published by Springer. This book was released on 2017-04-20 with total page 333 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why is trade in wholesale water so rare, when markets can actively trade bread, tractors, and electricity? This book shows that water markets fail because of high transaction costs, resulting in inefficient allocations and unpredictable environmental effects. To overcome these obstacles, this book proposes a trading mechanism called a smart market. A smart market is an auction cleared with optimization. A smart market can reduce the transaction costs of water trading, while improving the environmental outcomes. The authors show why a smart market for water is needed, how it would work, and how to implement it. The smart market described here uses a hydrology simulation of the water resource, user bids via the internet, and mathematical optimization, to maximize the economic value of water while meeting all environmental constraints. The book provides the background to understand the smart market for water, and the detail to help the reader start working on its application. The book explores topics such as: Why water should be more expensive near sensitive environmental locations, Ways to set initial allocations of water rights, The role of regulatory oversight, The prerequisites of a water market, and How to counter objections to water markets. The culmination of a decade of investigation, this book combines explanation, examples, and detail to inform policymakers, large water users, environmental organizations, researchers, and a thirsty public.

Water Markets

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Publisher : Edward Elgar Publishing
ISBN 13 : 1788976932
Total Pages : 288 pages
Book Rating : 4.7/5 (889 download)

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Book Synopsis Water Markets by : Wheeler, Sarah A.

Download or read book Water Markets written by Wheeler, Sarah A. and published by Edward Elgar Publishing. This book was released on 2021-08-27 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: Exploring water scarcity issues in light of the growing crisis in global water management, this book examines the applicability of water markets. It provides an overview and understanding of the presence of water markets across the globe, analysing the ways in which different countries and regions are grappling with water scarcity.

Emerging Markets in Water

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Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)

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Book Synopsis Emerging Markets in Water by : Janis M. Carey

Download or read book Emerging Markets in Water written by Janis M. Carey and published by . This book was released on 2001 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Water trading is a potential means to improve the productivity of developed water supplies and reconcile competing uses. Economic theory suggests that markets evolve in response to changes in supply and demand. This prediction is at odds with observed disparities in the pace of market development in regions facing similar pressures on scarce water resources. A dramatic example of this disparity is found in the regions served by the California Central Valley Project and the Colorado-Big Thompson Project. This article argues that the differences in market activity in the two areas can be explained largely by the underlying water allocation institutions. The article identifies key institutional features that affect the transaction costs of water trading and examines the roots of the institutional differences. The institutions governing market transactions today are largely a function of pre-existing property rights and political battles to build consensus and obtain federal financing for the projects. The article highlights the path-dependent nature of water allocation institutions and trading, but also suggests that complex inter-regional markets could still develop in California given ever-increasing competition for scarce water resources and advances in information technology that lower market transaction costs.

The Economics of Water

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Publisher : Springer Nature
ISBN 13 : 3030484858
Total Pages : 312 pages
Book Rating : 4.0/5 (34 download)

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Book Synopsis The Economics of Water by : Georg Meran

Download or read book The Economics of Water written by Georg Meran and published by Springer Nature. This book was released on 2020-09-04 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt: This open access textbook provides a concise introduction to economic approaches and mathematical methods for the study of water allocation and distribution problems. Written in an accessible and straightforward style, it discusses and analyzes central issues in integrated water resource management, water tariffs, water markets, and transboundary water management. By illustrating the interplay between the hydrological cycle and the rules and institutions that govern today’s water allocation policies, the authors develop a modern perspective on water management. Moreover, the book presents an in-depth assessment of the political and ethical dimensions of water management and its institutional embeddedness, by discussing distribution issues and issues of the enforceability of human rights in managing water resources. Given its scope, the book will appeal to advanced undergraduate and graduate students of economics and engineering, as well as practitioners in the water sector, seeking a deeper understanding of economic approaches to the study of water management.

Marginal Cost Rate Design and Wholesale Water Markets

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Publisher : JAI Press(NY)
ISBN 13 :
Total Pages : 248 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Marginal Cost Rate Design and Wholesale Water Markets by : Darwin C. Hall

Download or read book Marginal Cost Rate Design and Wholesale Water Markets written by Darwin C. Hall and published by JAI Press(NY). This book was released on 1996 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: This first volume in the series covers such topics as changing institutions and increasing scarcity, integrated resource planning, urban water rate design, and wholesale water markets.

Valuing Ground Water

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Publisher : National Academies Press
ISBN 13 : 0309175003
Total Pages : 203 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Valuing Ground Water by : National Research Council

Download or read book Valuing Ground Water written by National Research Council and published by National Academies Press. This book was released on 1997-07-10 with total page 203 pages. Available in PDF, EPUB and Kindle. Book excerpt: Because water in the United State has not been traded in markets, there is no meaningful estimate of what it would cost if it were traded. But failing to establish ground water's valueâ€"for in situ uses such as sustaining wetlands as well as for extractive uses such as agricultureâ€"will lead to continued overuse and degradation of the nation's aquifers. In Valuing Ground Water an interdisciplinary committee integrates the latest economic, legal, and physical knowledge about ground water and methods for valuing this resource, making it comprehensible to decision-makers involved in Superfund cleanup efforts, local wellhead protection programs, water allocation, and other water-related management issues. Using the concept of total economic value, this volume provides a framework for calculating the economic value of ground water and evaluating tradeoffs between competing uses of it. Included are seven case studies where ground-water valuation has been or could be used in decisionmaking. The committee examines trends in ground-water management, factors that contribute to its value, and issues surrounding ground-water allocation and legal rights to its use. The book discusses economic valuation of natural resources and reviews several valuation methods. Presenting conclusions, recommendations, and research priorities, Valuing Ground Water will be of interest to those concerned about ground-water issues: policymakers, regulators, economists, attorneys, researchers, resource managers, and environmental advocates.

Rivers of Gold

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Publisher : Island Press
ISBN 13 : 9781559637121
Total Pages : 0 pages
Book Rating : 4.6/5 (371 download)

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Book Synopsis Rivers of Gold by : Brent M. Haddad

Download or read book Rivers of Gold written by Brent M. Haddad and published by Island Press. This book was released on 1999-12-01 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The movement to implement market-based approaches to allocating water is gaining ground across California and in other western states. Proponents argue that markets offer an efficient and cost-effective means of promoting conservation -- those who need water would pay for it on the open market, while others would conserve rather than pay increased prices. Rivers of Gold takes a new look at California's water-reallocation challenge. The author explains the concept of water markets and the economic theory undergirding them. He shows how some water markets have worked -- and others have failed -- and gives the reader the analytic tools necessary to understand why. The book: provides an overview of water-supply issues in California compares the situation in California with that of other western states considers the different property rights regimes governing current use and their fit with water market institutions explains how water markets would work and their benefits and drawbacks as an allocation mechanism presents a series of case studies of water markets currently in effect in California offers a list of principles for water market design Rivers of Gold offers a balanced understanding of both the role that markets can play in reallocating water and the limitations of the market mechanism. In the end, the author offers a comprehensive assessment of the institutional design features that any water market should incorporate if it is to reallocate water effectively, in California or in any other region where water is scarce. Rivers of Gold is the first book to provide a detailed examination of water markets and the institutional design issues associated with them. It is the only book available that presents in-depth case studies of actual water-market transactions, and will be essential reading for water resource professionals and resource economists, as well as for students and scholars of environmental policy, environmental economics, and resource economics.

Determining the Economic Value of Water

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Publisher : Routledge
ISBN 13 : 1135040524
Total Pages : 359 pages
Book Rating : 4.1/5 (35 download)

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Book Synopsis Determining the Economic Value of Water by : Robert A. Young

Download or read book Determining the Economic Value of Water written by Robert A. Young and published by Routledge. This book was released on 2014-07-23 with total page 359 pages. Available in PDF, EPUB and Kindle. Book excerpt: Water provides benefits as a commodity for agriculture, industry, and households, and as a public good such as fisheries habitat, water quality and recreational use. To aid in cost-benefit analysis under conditions where market determined price signals are usually unavailable, economists have developed a range of alternative valuation methods for measuring economic benefits. This volume provides the most comprehensive exposition to-date of the application of economic valuation methods to proposed water resources investments and policies. It provides a conceptual framework for valuation of both commodity and public good uses of water, addressing non-market valuation techniques appropriate to measuring public benefits - including water quality improvement, recreation, and fish habitat enhancement. The book describes the various measurement methods, illustrates how they are applied in practice, and discusses their strengths, limitations, and appropriate roles. In this second edition, all chapters have been thoroughly updated, and in particular the coverage of water markets and valuation of ecosystem services from water has been expanded. Robert Young, author of the 2005 edition, has been joined for this new edition by John Loomis, who brings additional expertise on ecosystem services and the environmental economics of water for recreational and other public good uses of water.